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Political pros are taking the stage as Bitcoin's influence continues to rise.
Bitcoin becomes the focus of attention for politicians, with underlying motives sparking discussion
Recently, Bitcoin has stirred up a wave in the political circle. Three heavyweight political figures have successively expressed their views on it, attracting widespread follow.
Former U.S. President Trump stated in an interview before the South Carolina primary that "I can accept Bitcoin." This statement is seen as a softening of his position on Bitcoin, contrasting sharply with his previous hardline stance. Trump also noted that Bitcoin has gained its own vitality and may require a certain level of regulation. He observed that more and more people want to use Bitcoin for payments.
It is worth noting that during his presidency in 2019, Trump publicly stated that he does not like cryptocurrencies, calling them "not money." In a recent interview, he still emphasized his preference for the US dollar. The reasons behind this shift in stance are thought-provoking.
Since the approval of 11 Bitcoin spot ETFs by the U.S. SEC in January this year, Bitcoin has once again become the focus of global investors. The performance of Wall Street ETF issuers in terms of capital flow and Bitcoin reserves has sent a signal to the market that Bitcoin has officially become a compliant investment product. According to statistics, as early as 2022, nearly 14% of Americans held digital assets, with the majority being from the younger demographic.
Analysis suggests that Trump's statement may be related to the context of the U.S. election. Bitcoin, as a digital asset favored by the younger generation, has become an important entry point for candidates to gain votes. Trump's shift in position may be aimed at attracting this segment of young voters.
At the same time, the current President of the United States, Biden, also refused to back down. He posted a "Dark Brandon Laser Eyes" meme photo and related videos on social media, sparking heated discussions across various sectors. This move has been interpreted as indirect support for the culture of the crypto community. The "laser eyes" meme has a special meaning in the cryptocurrency community, symbolizing confidence in the rise of Bitcoin prices.
The Biden team chose to promote this image on TikTok and other social platforms, clearly to attract the attention of young voters. This approach is seen as a campaign strategy aimed at the new generation of voters, intended to reshape the candidate's image and gain support.
In addition, former UK Prime Minister Johnson has attracted attention due to his comments related to Bitcoin. According to reports, Johnson requested a payment of $1 million when invited for an interview to discuss the Ukraine issue, specifying that it could be paid in "dollars, gold, or Bitcoin", and he would not accept pounds.
This requirement has led to different interpretations. Some commentators believe that Johnson listing Bitcoin as an acceptable payment method reflects his recognition of Bitcoin as a long-term store of value. At the same time, this is also seen as a signal of the elevated status of Bitcoin in the eyes of informed individuals.
However, there are also voices criticizing Johnson's approach as too commercialized, arguing that he is more focused on personal interests rather than public discourse. Nevertheless, Johnson's request is still seen by some as a positive signal for Bitcoin gaining recognition.
Overall, the attitudes and statements of these politicians towards Bitcoin reflect the increasing influence of cryptocurrency in mainstream politics and economics. Regardless of the motives, Bitcoin has become a topic that cannot be ignored, and its future development will continue to provoke widespread attention and discussion.